The standard cost sheet for a product is shown. Standard Cost Manufacturing Costs Standard price Standard Quantity per unit Direct materials $4.70 per pound 6.00 pounds $ 28.20 Direct labor $12.17 per hour 2.20 hours $ 26.77 Overhead $2.20 per hour 2.20 hours $ 4.84 $ 59.81 The company produced 3,000 units that required: 18,500 pounds of material purchased at $4.55 per pound .6,530 hours of labor at an hourly rate of $12.47 per hour Actual overhead in the period was $14,890 Fill in the Budget Performance Report for the period. Some amounts are provided. Round your answers to the nearest dollar. However, do not round your intermediate calculations. Budget Performance Report Manufacturing Costs: 3,000 units Actual Costs Standard Costs Variance (Favorable) Unfavorable Direct materials $84,175 84,600 -425 Direct labor 81,429 80,322 1,107 Overhead 14,890 $ $1,052 180,494